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Author Topic: Price speculation  (Read 2877526 times)

schoad

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Re: Price speculation
May 29, 2018, 06:08:48 pm

I still run NXT fullnodes, but I'm a bit frustrated atm.
The lucky node lottery was discontinued last year.

Shortly after the lottery stopped, the Bootstrapper account (NXT-HH9F-JMRB-6HRD-HD5ZW) transfered roughly 3mio (2'876'226.74) NXT to a second account (NXT-59QF-CJCM-LXPW-8KYU2) and from there to bittrex (NXT-97H4-KRWL-A53G-7GVRG ) to dump on the market...

ThomasVeil

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Re: Price speculation
May 30, 2018, 01:32:31 pm

Interesting tidbit that the lottery account sold. Shame, that was a good effort.

Returns from forging themselves will never be profitable - crypto moves like 20% on any given day... so how would even 5% per year income even make a difference?
At the end forging is about protecting the network. If the network dies, you lose it all - if the network runs well, the price will rise. It's profitable because it helps the coin.

And I think it always was like this - and is like this for any other POS coin. Others might inflate to give higher forging rewards. But that just means the coins you hold lose value at the same rate. 
NXT-BPV3-837M-QZTQ-9DQ69  oxpal.com

neofelis

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Re: Price speculation
June 01, 2018, 10:04:31 pm

Returns from forging won't make one a millionaire like in bitcoin (for now at least) but it could provide a tidy small income once the blockchain gets busy.

schoad

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Re: Price speculation
June 02, 2018, 10:26:30 am

The major problem is centralized distribution of NXT.
With a default PoS Algorithm, only the accounts with millions of NXT can profit.

czhang

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Re: Price speculation
June 02, 2018, 11:43:23 am

The major problem is centralized distribution of NXT.
With a default PoS Algorithm, only the accounts with millions of NXT can profit.
In five years, it has been scattered and no longer focused.
Now that many projects ICO are not centralized?
NXT-X949-FWSQ-BQFD-7B5PQ
One of China's front-end developers

rubenaco

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rubenaco

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rubenaco

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rubenaco

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